Analyzing Flippin Bruce & Porter Inc's Q4 2020 vs. Q1 2021 13F Holdings Changes

In the world of finance, knowing what's in a company's portfolio can be incredibly useful information. Many investors and analysts rely on 13F filings, which are publicly available forms that institutions with more than $100m in assets under management must file quarterly with the US Securities and Exchange Commission (SEC). One such company that recently filed its Q4 2020 and Q1 2021 13F holdings is Flippin Bruce & Porter Inc. In this blog post, we'll take a closer look at the changes in holdings of this fund over the two quarters. First, let's understand what 13F filings are and what they contain.

What are 13F Filings?

Form 13F is a quarterly report filed by institutional investment managers that have at least $100 million in assets under management. These forms are a public record of the company's holdings of securities such as stocks, bonds, options, and investment-grade debt. The information disclosed in Form 13F can be useful for investors and analysts to track the movements of institutional investors and make investment decisions.

Flippin Bruce & Porter Inc's Holdings

Flippin Bruce & Porter Inc is a registered investment advisory firm that has around $1.6 billion in assets under management. It holds a diverse portfolio of securities in various industries, including technology, healthcare, energy, and finance. The latest 13F filing by Flippin Bruce & Porter Inc showed notable changes in its holdings from Q4 2020 to Q1 2021. One of the most significant changes was the decrease in the number of JPMorgan Chase shares by 28.8% and the value by 2.7%. The fund also reduced its holdings in Conoco Philips and Archer Daniels Midland Company by 30.9% and 33.9%, respectively. One of the largest changes in the fund's holdings was its substantial increase in its stake in Nucor Corporation, with the number of shares bought increasing by 3,299 from Q4 2020 to Q1 2021. This increase translated to a growth of the stock's total value by 48.6%. Similarly, Truist Financial Corporation, Kellogg Company, and Wells Fargo & Co's shares' total value increased significantly by 19.2%, 16.4%, and 32.3%, respectively.

The Biggest Gainers and Losers

A closer look into Flippin Bruce & Porter Inc's Q4 2020 vs. Q1 2021 13F holdings changes reveals that the biggest percentage gainers were Verizon Communications, Mondelez International, and MetLife Inc. These companies' stocks surged by 1,634.5%, 2,002%, and 27.6%, respectively. However, it is important to note that Verizon Communications was a relatively small holding for Flippin Bruce & Porter Inc, with just 7310 shares bought. On the other hand, the largest losers in terms of percentage gains were Eaton Corporation, Freeport-McMoRan Inc., and Archer Daniels Midland Company that saw their holdings decline by 74.5%, 79.2% and 33.9%, respectively.

Conclusion

In conclusion, analyzing 13F filings can provide valuable information and insight into the investment activity of institutional investors such as Flippin Bruce & Porter Inc. By looking at the changes in holdings of this fund from Q4 2020 to Q1 2021, we can identify meaningful changes in the companies and sectors that the fund is investing in. While it is important to keep track of these movements, it is equally important to note that the information provided in 13F filings is backward-looking and may not reflect a company's current stance. The filings' analysis should be combined with other research to understand the complete picture of the company's investment decisions.